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Digital Health | News, Analysis, Insights - HIT Consultant

Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation

by Fred Pennic 04/09/2024 Leave a Comment

Augmedix, Andor Health Integrate to Enhance Virtual Care with AI-Powered Documentation

What You Should Know:  - Augmedix (AUGX), a leader in AI-powered medical documentation, and Andor Health, a cloud-based platform for virtual care communication, have announced a strategic partnership to streamline workflows and improve patient care.  - The strategic integration aims to revolutionize virtual care by leveraging ambient AI to automate note creation within the Andor Health platform, ThinkAndor®. Focus on Clinician Efficiency and Patient Care Augmedix's AI
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Combatting Physical Therapy Burnout: Can Digital Health Help?

by Patrick Tarnowski, Chief Commercial Officer, OneStep 04/09/2024 Leave a Comment

Combatting Physical Therapy Burnout: Can Digital Health Help? Addressing the 15K Person Challenge How Unique Technologies Support a Shrinking yet Essential PT Workforce

The physical therapy profession, encompassing both Physical Therapists (PTs) and Physical Therapist Assistants (PTAs), is navigating through a period of unprecedented challenge. Recent data highlights concerning trends - not only did the sector see the departure of 15,000 PTs, or 11% of the existing workforce, between 2021 and 2022, but there has also been a consistent 5% annual decrease in applicants to PT programs over the last three to four years. These developments signal an urgent need for
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Define Ventures Appoints Frank Williams as Venture Partner

by Executive Hires 04/09/2024 Leave a Comment

Define Ventures Appoints Frank Williams as Venture Partner

What You Should Know:  - Define Ventures, the leading early-stage investor in digital health companies, announced today the appointment of Frank Williams as Venture Partner.  - Williams, a seasoned entrepreneur and healthcare executive, brings a wealth of experience to the firm, playing a key role in supporting and scaling their portfolio companies. Williams Bio/Background Williams boasts an impressive career in healthcare, highlighted by his co-founding role at Evolent
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Vista Equity Partners Acquires Model N for $1.25B

by Fred Pennic 04/08/2024 Leave a Comment

Vista Equity Partners Acquires Model N for $1.25B

What You Should Know:  - Model N (NYSE: MODN), a leading provider of revenue optimization and compliance solutions for the life sciences and high-tech industries, has announced a definitive agreement to be acquired by Vista Equity Partners ("Vista"). - Under the terms of the agreement, Vista will acquire all outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. - The transaction is expected to close in
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Grow Therapy Secures $88M, Launches Enhanced Platform for Value-Based Mental Healthcare

by Jasmine Pennic 04/08/2024 Leave a Comment

Grow Therapy Secures $88M, Launches Enhanced Platform for Value-Based Mental Healthcare

What You Should Know:  - Grow Therapy, a mental health technology company focused on provider-centric care, raises $88M in Series C funding led by Sequoia Capital. The round included participation from Growth Equity at Goldman Sachs Alternatives, PLUS Capital, and a unique group of celebrity investors including Anna Kendrick, Lily Collins, and prominent athletes. - The funding fuels Grow Therapy's mission to make high-quality mental healthcare accessible to all. Building a More
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The Rise of Culturally Competent Care: Health Equity & Technology

by Unmesh Srivastava, Chief Digital and Technology Officer at Clever Care Health Plan 04/08/2024 Leave a Comment

The Rise of Culturally Competent Care: Health Equity & Technology

The United States Census Bureau released its most recent statistical findings in 2020, revealing a notable increase in the diversity of the nation’s population. In 2010, the likelihood of randomly selecting two ethnically or racially diverse individuals was 54.9%. By 2020, this had risen to 61.1%. Given these figures, it is unsurprising that healthcare providers are actively seeking solutions, particularly through existing and emerging technologies, to overcome their most significant cultural
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UCLA, PreciseDx to Develop AI-Powered Breast Cancer Recurrence Tool for Early Detection

by Fred Pennic 04/08/2024 Leave a Comment

UCLA, PreciseDx to Develop AI-Powered Breast Cancer Recurrence Tool for Early Detection

What You Should Know:  - PreciseDx®, a leader in AI-powered diagnostics for oncology, announces a crucial collaboration with UCLA's Department of Pathology and Laboratory Medicine.  - The research initiative focuses on evaluating PreciseDx's innovative tool, PreciseBreast™, for its ability to accurately assess the risk of recurrence in patients diagnosed with triple-negative breast cancer (TNBC). Why Focus on Triple-Negative Breast Cancer? TNBC Challenges: Accounting for
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rater8 Secures Funding to Expand Healthcare Reputation Management Solutions

by Jasmine Pennic 04/08/2024 Leave a Comment

rater8 Secures Funding to Expand Healthcare Reputation Management Solutions

What You Should Know:  - rater8, a healthcare reputation management and patient feedback platform announced today the successful closing of their Series A funding round led by Elsewhere Partners.  - The Series A investment will fuel rater8's growth, allowing them to expand their reach, strengthen partnerships, and enhance their award-winning software-as-a-service (SaaS) solutions. Capitalizing on the Growing Importance of Online Reputation The global online reputation management
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Verily Powers Otsuka’s Longitudinal Registry to Advance Mental Health Research

by Fred Pennic 04/08/2024 Leave a Comment

Verily Powers Otsuka’s Longitudinal Registry to Advance Mental Health Research

What You Should Know:  - Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka), a global pharmaceutical company, and Verily Life Sciences LLC (Verily), a precision health technology company, have teamed up to launch a groundbreaking research initiative called "My Mental Health Journey."  - The longitudinal registry study aims to significantly enhance our understanding of depression and other mental health conditions. The Power of Real-World Data My Mental
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Nucleai, GoPath Diagnostics Partner to Power AI-Powered Digital Pathology

by Jasmine Pennic 04/08/2024 Leave a Comment

Nucleai Secures $14M to Enhance Clinical Trial Enrollment with Spatial AI Biomarker

What You Should Know:  - Nucleai, a leader in spatial biology and AI, and GoPath Diagnostics, a leading provider of digital pathology and molecular diagnostics, announced a strategic collaboration today.  - The partnership aims to revolutionize clinical trials, diagnostics, and research in oncology and immunology by combining their strengths in AI and real-world data. Unlocking the Power of Spatial AI Biomarkers Nucleai specializes in "spatial AI biomarkers." This
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CliniComp SVP Talks New Era EHR: How AI-Driven, Interoperable Platforms Are Replacing Legacy Health IT Systems

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Cleveland Clinic and Khosla Ventures Form Strategic Alliance to Accelerate Healthcare Innovation

Cleveland Clinic and Khosla Ventures Form Strategic Alliance to Accelerate Healthcare Innovation

Northwell Health Selects to Deploy Abridge’s Ambient AI Across 28 Hospitals

Northwell Health to Deploy Abridge’s Ambient AI Across 28 Hospitals

Omada Health Launches "Nutritional Intelligence" with AI Agent OmadaSpark

Omada Health Launches AI-Powered Meal Map to Transform Nutrition for Cardiometabolic Patients

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

From Overwhelmed to Optimized: How AI Agents Address Staffing Challenges and Burnout in Healthcare

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

Epic Outlines Roadmap for Next-Generation Data Sharing at Open@Epic

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